"No, we are not fighting Pacquiao. Manny Pacquiao is calling out Lomachenko, who is three weight classes down the scale from him. Manny Pacquiao is 147 pounds, and he's calling out Lomachenko, who is 130 pounds. That's insane." said Kilmas.

The Russian manager continued, saying that a fight against the 39-year old former eigh-division world champion really wouldn't do anything for Lomachenko's career at this point.

"He's an old man, and Lomachenko beating him takes him nowhere."

"If the fight happened, Lomachenko beat an old man and made him come down (in weight)." Kilmas continued.

As for Loma's next step, Kilmas says that they're eyeing the junior lightweight and lightweight pool.

"There's a lot of champions and good guys at 130 or 135 pounds. That's where we're going."

Pacquiao's manager Bob Arum of Top Rank Promotions did acknowledge that a Pac-Loma fight won't be happening any time soon, but added that it could be an interesting matchup down the road.

"Certainly, that's a fight that might be attractive down the road." Arum said.

Arum also added that another option for Pacquiao could be the winner between Jeff Horn and Terence Crawford.